Loss and Damage CoP27 | Will developed nations pay for their CO2 emissions?
HTML-код
- Опубликовано: 2 ноя 2022
- In July and August 2022, Pakistan received 391mm of rain, about double (190%) of what it usually receives in this period. This led to flash floods and landslides that killed 1700 people, affected 33 million people and left almost a third of the country inundated.
Currently, almost the whole of Nigeria is under flood. It has already claimed 600 lives, destroyed 200,000 homes and affected 2.5 million people.
Pakistan and Nigeria are just 2 recent examples of devastating climate disasters this year. In fact, each month of 2022 saw an extreme weather event pounding different parts of the globe.
Madagascar was first hit by unprecedented drought, before getting plummeted by six cyclones.
Parts of Africa saw extreme rainfall as early as January 2022.
Latin America experienced its second warmest summer on record, while
record-breaking heatwaves singed India in the months of July and August.
These extreme weather events are not just devastating but terribly expensive too. Initial estimates peg Pakistan’s loss and damage at around $30 billion. This includes infrastructure, homes and loss of lives. But long-term impacts from disease, loss of livelihoods, and destruction of social and cultural institutions are bigger losses that have not been accounted for yet. Who is going to foot this bill?
In the last few years, this question has become a contentious issue in the venues of climate negotiations. The developed countries are majorly responsible for the bulk of the greenhouse gas emissions that are heating the planet and thus causing such calamities and damages. Developing countries want the developed countries to pay for these damages. They want a mechanism for such loss and damage.
There is scientific consensus that anthropogenic climate change is changing weather patterns across the globe. The worst affected by these natural disasters are developing countries that are not responsible for climate change. Take the example of Vanuatu, a South Pacific Island country. It is a net positive carbon emitter, which means it soaks in more CO2 than it emits and therefore is not responsible for climate change. But does being an environment-friendly nation help to avert climate disasters? Absolutely not. In 2015, a super tropical storm named Pam, with 300km/h winds, nearly flattened the island country. Vanuatu’s economic losses from the storm were estimated at some $700 million and its public debt doubled. Similarly, Pakistan’s share of CO2 emissions is only 0.7% but it is straddled with a $30 billion bill from the 2022 super floods.
Byte Harjeet from Carbon Brief presser
What is interesting is, not everyone is equally affected by the consequences of extreme weather events. As a Down to Earth analysis revealed, in the first 9 months of 2022, extreme weather events affected 75 million people and caused over 10,000 deaths. Asia and Africa accounted for 94% of the people in both categories. But neither the US nor the EU figure amongst the top 10 countries that faced these casualties, even though the US is historically responsible for 25% of the emission while the EU’s share is 17%.
Therefore, developing countries are asking for a mechanism to receive reparations from rich countries for climate change impacts caused by the latter. This is not the same as finance for mitigating or stopping greenhouse gas emissions and adaptation which is future-proofing against the effects of climate change.
According to the Spain-based Basque Centre for Climate Change, by 2030, developing countries would require $290 to $580 billion to cope with climate-related loss and damage.
Currently, the developed countries have roadblocked any suggestion for a mechanism for loss and damage. In the 2021 climate conference in Glasgow, the developed countries scuttled a move to set up a financing facility for loss and damage. But that story is for another episode in this series.
If you liked this episode, do give us a thumbs up and subscribe to our channel. @D2E / @d2e
Down to Earth is Science and Environment fortnightly published by the Society for Environmental Communication, New Delhi. We publish news and analysis on issues that deal with sustainable development, which we scan through the eyes of science and environment. 
Наука
![Finesse2Tymes - Pretty Ricky [Official Music Video]](http://i.ytimg.com/vi/xIoP_mhYRT0/mqdefault.jpg)
Giving "money" or "paying somebody" for emisions does not fix climate change. "Reducing emissions" does!! Get real.
Giving money to adapt to climate neutral technologies will help in climate change mitigation.. because coal is the cheapest source of energy now also.. and If developing countries need to focus on cleaner fuels so those which have utilized the benefits of fossil fuels must pay for their deeds..
The principle is formally accepted in UNFCC negotiations and is known is COMMON BUT DIFFERENTIATED RESPONSIBILITY (CBDR)
So yeah.. I mean you shoul GET REAL...
Ever heard of Mitigation and Adaptation? That request a lot of money, to fix the damages that has already been done by the lavish lifestyle of people those lived in west or global north, they have to pay for over exploration of resources of Earth. Earth doesn't know American economy or European economy, it's a interconnected ecosystem or biosphere where we as a species lives, so if one set of community emitted more than a limit (the limit which the exhausted, limited resources that earth can produce for a period of time for to sustain number of lives) West/Developed countries/ Rich countries have exploited that for so long, Now time to fix it baby :)
And Paying for that is the first and foremost option, then obviously comes Reducing Emissions and so on, because they have only damaged it.
And, don't you dare to expect the developing countries to reduce the emission to fix something what west has done, they lived their lives and now expect poors to fix it for them, Nah! It's not happening. West will and have to pay and fix it. Developing countries will exploit the resources as they rightfully deserved. Peace out.
It’s not mutually exclusive. Every country needs to reduce emissions. At the same time, these poor countries need help.
This highlights the the need of adding a new area of our response to climate change: Recuperation. We need separate solutions on all three fronts of Mitigation, Adaptation, and Recuperation.
3:20 I think Vanuatu should be called as “carbon positive” instead of being called as “net positive carbon emitter”
03:16 is this map goes with reality with the worst affected, but least emitter? Bcz China is the top emitter of co2 and India too ranks in the top 5 overall if not taken by per capita emission. and surely the developed nation should help the developing and poor nations. But the reality of all these summits is that only policymaking is taking place but those policies are not practically implemented.
It's common sense to use per capita metric.
And, it's not just about current emissions but also historical accumulative emissions.
@@dreadfulbodyguard7288 yes its historical accumulative emissions....
“The 2023 SDG Summit marks the halfway point and serves to accelerate the goals to further advance global crimes against humanity. 75 years of depopulation have already been successfully completed. However, we must climb even higher, which means that we must renounce even further and more intensively the general and special human rights that are the lever for saving the world and destroying all souls!”
...he was given power to give spirit to the image of the beast, whereby the image of the beast could speak and cause all who do not worship the image of the beast to be put to death. (Revelation 13:15)
Save Our Planet - Now
cmon.. were in cop27 now loss and damage is still a dream for most affected nations by climate change.. as long as the rich nations has big influence in policy making im cop27.. they will always try to go against it
Not If they can commoditize it through a credit system and buy their "net zero" stance.
Great video 😊
Thankyou down to earth.
Q - wil rich country pay2 poor nation?
A - NOOOOO & NEVER.
I think its a great idea. Reperations for emissions. Germany needed to pay reparations for killings and destroying property. If rich country actions/emissions destroyed poorer country, it should pay. Brilliant.
*Please, somebody tell me that if* *there is “No Earth, Our Home”, then* *is there "Human Species" exists?*
Music is so much distractive and not suitable for the content.
The bigger question is, Is the list of those Nations with similar emissions increasing? N at what rate? India is getting 500 new planes which r not going to run on water!!
maybe on Hydrogen?
Yeah we should stop growing so that rich countries can continue to dump their waste on us. Sure. First they renege on their prior established commitments in the previous COPS then they expect other countries to stop growing just because they were not able to control their shit. 💩
Should the developing nation stop growing now and developed nations sit comfortably in their heated houses not giving a shit about their own pledges ?. Practical world does not move like that. We are not stupid. We can take the hit till those who are historically responsible for are held accountable. They shouldn’t be called “developed” anymore. I say we name them the “polluted” countries.
Successful people don't become that way overnight. What most people see at a glance wealth, a great career and purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life
Comment isn't in the context of the video.
have some sense of what is the content of the video before keeping comments for likes😠
1st CMT❤️
C M T means
@@Golukumar-no4ws 1st cmnt